Professional Documents
Culture Documents
Due Dec. 8
Due Dec. 8
Discuss the different KM cycles approaches and how they may be integrated
into a comprehensive, integrated approach to the effective management of
knowledge within an organization.
Meyer and Zack’s approach explains that the research and knowledge
regarding the design of physical products can be extended into the intellectual
realm as the basis for a knowledge management cycle. In this approach, the
network between each stage is designed to be logical and standardized.
The physical products in this cycle can be explained by numbers of product
platform or can be called as knowledge repository, and process platform that is used
for to leverage knowledge in an organization. This cycle’s stages consist of creation
of knowledge product of well-designed repository. Meyer and Zack analyzed that a
well-designed repository or database can be the basic or foundation of a firm
information and knowledge management. The cycle in Meyer and Zack consists of
several stages, which are acquisition, refinement, storage, distribution, and
presentation.
3. McElroy (2003)
For Wiig, knowledge is the principle force that determines and drives the ability to act
intelligently. Wiig emphasizes on three things an organization must have to conduct
a business, which are, must have products and services, customers, and resources.
This cycle tells us about how the knowledge is built and used for individuals and
organization. It focuses on identifying and analyzing activities that related to the
knowledge building and sharing. Here are the four steps for Wiig in his cycle;
2. Provide an example of how each of the major KM cycle stages listed below
can add value to knowledge and increase the strategic worth of the knowledge
asset:
a. Capture
Let’s take for example professor and student relationship. Professors input
knowledge students and then later on students will apply this knowledge in a certain
situation. These students can quickly adapt this skill/knowledge set to capture
knowledge from experts and reformulate this knowledge as organizational stories to
be stored in corporate memory. Capturing knowledge can add value to knowledge
since it is one way to store knowledge.
b. Codify
d. Share
e. Acquire
Acquiring is developing something you have learned. You change what is bad
and turn it to what is good or the organization. Knowledge management develops
systems and processes to acquire and share intellectual assets. It increases the
generation of useful, actionable, and meaningful information, and seeks to increase
both individual and team learning. In addition, it can maximize the value of an
organization’s intellectual base across diverse functions and disparate locations.
f. Apply
3. Where are the go/no decisions in the KM cycle? What types of information would
you require in order to decide whether or not the knowledge content would continue
on to the next step of the cycle?